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Old 02-18-2008, 09:53 PM   #6
tetrishead
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Join Date: Dec 2007
Threads: 3
Posts: 495
"Instead you get 150K -1 MM."

No, not really. A tremendous amount of the salary earned by people in IB comes in the form of bonuses, which are tied to the productivity of the employer. I suspect this year many bankers will, in the context of an hourly wage, make less than many, many other professions. It's cyclical. I'd agree with the poster above me that the best thing about working in IB for several years are the exit opportunities.
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